Graphs: Nearly 3 in 4 feel need for more credit card regulation
Annual Taking Charge survey says Americans mistrust but need credit cards
The second annual “Taking Charge” survey was conducted for CreditCards.com June 4-26, 2008, by GfK Roper Public Affairs. The random telephone poll surveyed 1,001 Americans 18 and over. Respondents were read statements about credit cards and asked their opinions. Here are the statements and results:
| The government should regulate the credit card industry more closely. | It is essential to have a credit card today. | |
|---|---|---|
 |
 |
| On the whole, credit cards provide a valuable service. |
There's always a "catch" that makes a credit card less attractive than the company makes it sound. | |
|---|---|---|
 |
 |
| No one really reads the terms and conditions when they sign up for a credit card. | I don't trust credit card companies. | |
|---|---|---|
 |
 |
| I have been disappointed by a credit card that turned out not to be as good as I had expected. | ||
|---|---|---|
 |
Poll methodology The total margin of error on weighted data for the full sample is plus or minus 3 percentage points at the 95 percent confidence level. Because of rounding, numbers may not add up to 100 percent. |
If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.
The editorial content on CreditCards.com is not sponsored by any bank or credit card issuer. The journalists in the editorial department are separate from the company's business operations. The comments posted below are not provided, reviewed or approved by any company mentioned in our editorial content. Additionally, any companies mentioned in the content do not assume responsibility to ensure that all posts and/or questions are answered.